If you set up a computer to randomly trade (long and short) you loose money. If you have another computer doing the opposite trades you still loose money. The two computers are randomly up and down at opposite times but over the long run the win/loss is 50/50 and with commissions it is a loosing proposition.

So is a loosing beginner a random computer or a brilliant trader NOT. My guess is that it is the former, but I'm just guessing

I read in Carters book where he said brokers would target bad traders and take the other side of their trades. I agree that this would be a great strategy but I did not think it was legal. Can a broker take the other side of your trades?

I read in Carters book where he said brokers would target bad traders and take the other side of their trades. I agree that this would be a great strategy but I did not think it was legal. Can a broker take the other side of your trades?

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Why would you bother.
Just hold their money rather than place the trade.

When the odd Trader's account becomes consistently in the black, then place his trades with the exchange and bank his comms in the normal manner.